Latest Key Developments (Source: Significant Developments)

Jan 30 (Reuters) - Mcdonald's Corp ::MCDONALD'S CORP SAYS UK HAS 51 CONSECUTIVE QUARTERS OF LIKE-FOR-LIKE SALES GROWTH AND CONTINUE TO GAIN SHARE IN A SHRINKING MARKET- CONF CALL.MCDONALD'S CORP SAYS CONVERTED 4,500 RESTAURANTS IN THE U.S. LAST YEAR DUE TO EXPERIENCE OF THE FUTURE PROGRAM- CONF CALL.MCDONALD'S CORP SAYS QSR ENVIRONMENT IN THE U.S. PROVED CHALLENGING IN Q4 WITH AGGRESSIVE PROMOTIONAL ACTIVITY THROUGHOUT THE INDUSTRY- CONF CALL.MCDONALD'S CORP-CONSTRUCTION DOWNTIME, SLOWER SALES RECOVERY RELATED TO AGGRESSIVE PACE OF MODERNIZATION IN U.S. WAS A HEADWIND IN 2018-CONF CALL.MCDONALD'S CORP- COMMODITY COSTS UP ABOUT 2.5 PERCENT FOR BOTH Q4, FULL YEAR. MENU PRICE INCREASES WERE AROUND 2 PERCENT FOR Q4 -CONF CALL.MCDONALD'S CORP SAYS DELIVERY AVAILABLE FOR OVER 19,000 RESTAURANTS, HAS BECOME A $3 BILLION BUSINESS -CONF CALL.MCDONALD'S CORP EXPECTS EARNINGS PRESSURE FROM LABOR, REMODEL DEPRECIATION, COMMODITIES AND FOREIGN CURRENCY RELATED EFFECTS-CONF CALL.MCDONALD'S CORP EXPECT COMMODITY INCREASES IN THE U.S. OF 1% TO 2% FOR THE YEAR AND AN INCREASE OF ABOUT 2% IN KEY MARKETS OUTSIDE U.S.-CONF CALL.MCDONALD'S CORP CEO STEPHEN EASTERBROOK SAYS HE STILL REMAINS OPTIMISTIC DESPITE TIGHTENING ECONOMIES AND SHIFTING POLITICAL ENVIRONMENTS - CONF CALL.
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Oct 30 (Reuters) - Mcdonald's Corp ::MCDONALD’S SAYS LAUNCHING CAREER ADVISING CAMPAIGN FOR RESTAURANT EMPLOYEES WITH HELP OF FIVE INDUSTRY INFLUENCERS.MCDONALD’S SAYS PLANS TO LAUNCH APP FOR CAREER & EDUCATION EXPLORATION FEATURING BUILT-IN GUIDANCE & RESOURCES TO HELP PEOPLE ADVANCE CAREERS.MCDONALD’S SAYS EVEN THOUGH UNEMPLOYMENT RATE AT NEAR 50-YEAR LOW, DON’T HAVE "QUALIFIED PEOPLE" TO FILL JOBS.
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Oct 23 (Reuters) - McDonald's Corp CONFERENCE CALL: :CEO ON CONF CALL- OPENED 375 RESTAURANTS IN CHINA SO FAR IN 2018 AND EXPECT TO OPEN 400 STORES IN 2019.CFO - "GUEST COUNTS GREW IN MOST OF OUR TOP INTERNATIONAL MARKETS. WHILE IN THE U.S., GUEST COUNTS DECLINED DURING THE QUARTER".CFO - INITIATIVES DEPLOYED ACROSS THE U.S. FROM DELIVERY TO SELF ORDER KIOSKS CONTRIBUTED TO THE HIGHER CHECK.CFO - "THE ENVIRONMENT IN THE U.S. REMAINS VERY COMPETITIVE, ESPECIALLY AROUND VALUE AND FEEL OFFERINGS".CFO - WILL SOON LAUNCH A NEW CLASSIC MEAL DEAL OPTION FEATURING SOME CORE MENU ITEMS; WILL ALSO BE INTRODUCING NEW BREAKFAST ITEMS.CEO- IN U.K, AUSTRALIA, FRANCE, DELIVERY REPRESENTS AS MUCH AS 10% OF SALES AT RESTAURANTS OFFERING DELIVERY.CEO- OVERALL, RESTAURANTS HAVE EXPERIENCED A LITTLE LONGER DOWNTIME THAN EXPECTED DUE TO 'EXPERIENCE OF FUTURE' TRANSFORMATION IN US.CEO- NEARLY 85% OF TOTAL RESTAURANT MARGIN DOLLARS FOR THE QUARTER CAME FROM FRANCHISE BUSINESS.CEO- U.S. RESTAURANT TRANSFORMATION LEADING TO TEMPORARY DECLINE IN LABOR PRODUCTIVITY, DEPRECIATION PRESSURE ON MARGINS.CEO- Q3 PRICING IN US WAS UP ABOUT 2 PERCENT, WHILE COMMODITY COSTS INCREASED NEARLY 3 PERCENT; EXPECT COMMODITY PRESSURES TO EASE SOMEWHAT IN Q4.CEO- NOW EXPECT G&A COST TO BE DOWN ABOUT 1-2 PERCENT FOR FY; EFFECTIVE TAX RATE TO BE IN RANGE OF 24-26 PERCENT, DOWN FROM 25-27 PERCENT.
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Oct 23 (Reuters) - Mcdonald's Corp ::MCDONALD'S - EXPECTS INTEREST EXPENSE FOR FY 2018 TO INCREASE ABOUT 6% TO 7% DUE PRIMARILY TO HIGHER AVERAGE DEBT BALANCES.MCDONALD'S - EXPECTS NET RESTAURANT ADDITIONS TO ADD ABOUT 1 PERCENTAGE POINT TO 2018 SYSTEMWIDE SALES GROWTH.MCDONALD'S - FOR FY 2018, COSTS FOR TOTAL BASKET OF GOODS EXPECTED TO INCREASE ABOUT 2% IN U.S. AND INTERNATIONAL LEAD SEGMENTS.MCDONALD'S - EXPECTS FY 2018 SELLING, GENERAL AND ADMINISTRATIVE EXPENSES TO DECREASE ABOUT 1% TO 2% IN CONSTANT CURRENCIES.MCDONALD'S - COMPANY EXPECTS CAPITAL EXPENDITURES FOR 2018 TO BE APPROXIMATELY $2.5 BILLION..MCDONALD'S - EXPECTS NET ADDITIONS OF ABOUT 600 RESTAURANTS IN 2018.MCDONALD'S-SEES ADOPTION OF NEW ACCOUNTING GUIDANCE TO NEGATIVELY IMPACT 2018 CONSOLIDATED FRANCHISED REVENUES AND FRANCHISED MARGINS BY ABOUT $50 MILLION.
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Sept 13 (Reuters) - U.S. Food and Drug Administration::FDA INVESTIGATION OF A MULTISTATE OUTBREAK OF CYCLOSPORA ILLNESSES LINKED TO FRESH EXPRESS SALAD MIX SERVED AT MCDONALD’S ENDS.FDA SAYS A TOTAL OF 511 LABORATORY-CONFIRMED CASES OF CYCLOSPORA INFECTION WERE REPORTED IN PEOPLE WHO CONSUMED SALADS FROM MCDONALD’S RESTAURANTS.
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